GameFi turns games into income streams—you play, earn tokens, and own digital assets that actually hold value. This industry pulled in $5.6 billion in 2024 and could skyrocket to $95 billion by 2034. That’s a 32.7% annual growth rate, outpacing most tech sectors.
- We list it here primarily because of its user-friendliness, reputation, safety, and cost-friendliness.
- Axie Infinity, like virtually any other cryptocurrency, can be bought in less than a full unit, meaning that you can buy just a couple of dollars worth of Axie Infinity.
- This diverse crypto library covers every niche, from the most undervalued coins to the most sustainable crypto assets.
- In the From field, provide a payment method, while in the To field, choose AXS token.
Frequently Asked Questions About Buying Axie Infinity (AXS)
We have also gone over reasons why AXS is worth buying and looked at the different ways of buying the top trending crypto. We even discussed its past price action and gave you a quick forecast of AXS’s expected future price action. However, as the crypto market crashed in 2022, so did its user numbers. This saw it wipe out most of the gains made on its price in 2021. At its lowest – in June 2023, for instance, AXS price threatened to dip below $3.
- To add a bank account, first, you will need to specify which deposit method you wish to use between a bank or wire transfer.
- Today the price of AXS is $1.22, which is higher than yesterday’s trading price of $1.12.
- They may also come in the form of free and non-custodial mobile wallet apps for iOS and Android, like Trust Wallet and Metamask.
- When you have a large collection of Axies, you may lend them out to other players and earn a commission.
Some play-to-earn models may attract regulators, while smart contract bugs or bridge exploits can wipe out funds overnight. Tokens tied to one title—like Axie or GALA—can collapse if users leave. Find all the answers to your MoonPay questions and start swapping cryptocurrency with confidence. How much AXS you can buy will depend on your account limit, with higher purchases requiring increasing/different KYC levels. After you buy Axie Infinity, you can transfer it to anyone across the globe, as long as you know their wallet address.
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They may also come in the form of free and non-custodial mobile wallet apps for iOS and Android, like Trust Wallet and Metamask. These are equally convenient but not safe, as they expose your private keys to the threat of malware and possible hacks. Coinbase also enjoys a solid reputation for user-friendliness and security. These are evidenced by its highly intuitive trading interface – both the web and mobile trading app.
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For starters, client accounts have strong passwords and require multi-factor authentication for log-ins and crypto transfers. The exchange then provides users with two of the safest crypto wallets. First is the cloud-based wallet that holds 98% of client assets in offline vaults while insuring the remaining 2%.
How to Sell Axie Infinity (AXS) Coins
They introduced Axie Origins, added free-to-play modes, and rebalanced rewards to fix inflation. These changes are slowly rebuilding the player base and keeping token prices stable. To fix Ethereum’s high fees, Gala is moving everything to its own GalaChain, designed for faster, cheaper transactions. This upgrade will let games and creators build freely without gas bottlenecks. Whether you’re a seasoned trader or buying Axie Infinity for the first time, the MoonPay app gives you the tools to get it done. Use your Axie Infinity to purchase goods and services from any participating merchant that accepts AXS and cryptocurrency.
Axie Infinity (AXS) Price Prediction
EToro also stands out because of its popular copy trading and social investing features. Copy trading is an automated passive investing tool on eToro that lets you copy the trade settings of highly successful traders. Further, eToro staking lets you earn competitive rewards on staked crypto. EToro is our top pick for the best crypto exchange for buying AXS tokens, and for a good reason. We list it here primarily because of its user-friendliness, reputation, safety, and cost-friendliness.
Axie Infinity was introduced to the market through a crypto ICO, with each AXS token valued at $0.1. It started rallying immediately and was already up 400% by the time it hit the exchanges. When searching for the best beginner-friendly exchanges to buy cryptos like Axie Infinity, you will want to consider a few things.
The Sandbox (SAND): Metaverse Real Estate
It is also worth buying because it has solid fundamentals and a promising future. After learning where to buy Axie Infinity, you now need to learn how to keep the AXS tokens safe. This implies that you need to learn about the best Axie Infinity wallets.
Depending on the exchange, you can choose between credit card, bank transfer, or instant payment options. Some exchanges also support PayPal or Apple Pay, although these usually come with slightly higher fees. AXS, an ERC-20 token, is the native cryptocurrency of Axie Infinity. Axie Infinity is a platform that hosts Axie NFTs, built on the Ethereum blockchain, and combines the popularly known Pokemon and Cryptokitties. The AXS token can be traded, purchased or earned by playing the game.
However, playing is not the only way to get your hands on any of the two tokens because you can also buy them off crypto trading platforms. They are available on centralized and decentralized exchanges, and in this guide, we will focus on the former option, which is much simpler and more appealing to most beginners. With this information, you’ll be armed with the knowledge and confidence required to start investing in Axie Infinity. Over half of their crypto portfolios are in GameFi tokens, and three-quarters of new crypto users say gaming was their first step into Web3.
Crypto Market Cycles: How They’ve Evolved and What Sets This One Apart
At its peak in 2021, Axie generated billions in trading volume and brought in millions of players—especially across Southeast Asia—into crypto for the first time. The principle behind the game is play to earn, which is How to buy axie infinity the most interesting aspect of the game. Users will soon be able to stake their AXS tokens on the protocol (Q3 2021) to receive regular rewards as a form of passive income.
There is no standard amount that you can invest in Axie Infinity or any crypto. The minimum amount will mostly be set by your preferred crypto exchange – their deposit/trade minimums. You, on the other hand, get to set the maximum investment amount. In this case, you will want to consider such factors as your risk tolerance, investing goals, and investing strategy. The AXS tokens you just purchased will be deposited into the exchange-provided web wallet.